Banking

Union Bank unveiled digital banking platforms at an interactive media event on 26 July 2017 at the Heritage Place, Ikoyi, Lagos, Nigeria. The new solutions include amobile banking app UnionMobile and *826#, a unique USSD code which will allow customers perform banking transactions through short code messaging on their mobile phones. The Bank also revealed

New data from WesBank shows that the overall cost of motoring is still on the rise, despite recent cuts to interest rates and fuel prices, as well as a slowdown in vehicle price inflation. The monthly mobility...

Software as a Service company, e4, has been nominated for an African FinTech award. Featured in the innovative banking category, e4 is being recognised for its disruptive banking solution, Virtual Identity, which digitally enables the FICA process...

Diamond Trust Bank Kenya (DTB) and Mastercard have announced their partnership to roll-out the DTB Masterpass QR app in Kenya, a mobile payment solution that will enable millions of businesses to accept fast and secure digital payments from consumers....

Activities marking the 24th Annual General Meeting of the African Export-Import Bank (Afreximbank) opened today in Kigali with Claver Gatete, Minister of Finance and Economic Planning of Rwanda, calling for the building of regional value chains which...

Standard Bank has opened the world’s first dedicated Africa China Banking Centre (ACBC) at its Simmonds Street offices in Johannesburg, South Africa. The Centre will look to provide a long-awaited platform to link African and Chinese clients...

Artificial Intelligence gets a bad rap in pop culture. Movies like Terminator (with its rebellious Skynet) and 2001 (with its murderous HAL 9000) portray a future where the robots get smart, and conclude that it is in...

Madagascar has become the latest country to join the African Export-Import Bank (Afreximbank) as a participating state, according to information released by the continental trade finance institution. Béatrice Jeanine Atallah, Minister of Foreign Affairs of Madagascar, formalized...

The African Export-Import Bank (Afreximbank) has successfully closed a $750 million note under its Euro Medium Term Note programme. Afreximbank closed the seven-year Regulation S (Reg S) only notes on 13 June, priced at a spread of...

Digital technology is reshaping the banking and insurance sectors at an unprecedented rate. Basic transactions in traditional banking continue to migrate from physical to digital channels and banks downsize their branch networks. In the insurance space, customers...